The idea is very simple. There are many microcredit institutions around the globe and all of them need money to give as much credit as possible. Also, there are many people around the world who would like to help people in other countries with at least a small quantity of money. Then Kiva, created by Matt and Jessica Flannery in 2005, came to provide this link between people who wants to help loan small quantities of money to those people in developing countries who needs money to improove their small business and pay it back later.
The only concern I would have to Kiva is that we loan money to them, they send to those organizations locally and they loan our money with very low interests, but still interests. When the person pays back they keep the interests and just pay back to us our money. It's like we are a bank with 0% interests. Anyway it is still a good initiative.
Kiva is already in 39 countries, helping more than 28700 projects with an average of 600 dollars each.
If you want to help someone in the other side of the world with some dollars you have stopped in your account, just go there and create an account. This is one example of connactions that trigger actions.
Alex Lopes
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